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Just two years after raising $32 million in venture capital, Genicon Sciences, which had been developing a new molecular labeling technique with potential applications in protein microarrays, has gone out of business. But the San Diego-based com- pany’s technology has already found a new home down the road: This week, Invitrogen said that it had acquired the rights to the labeling technique, resonance light scattering, and Genicon’s products for $2 million, and that it plans to incorporate the technology into novel products, especially for studying protein function.

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